The Daily Hodl
2020-05-18 13:00:06

Federal Reserve Chairman Doubles Down on Battle to Boost Economy, Says US Will Dodge ‘Second Great Depression’

Jerome Powell, Chairman of the Federal Reserve, sees a long battle ahead. With escalating unemployment and disrupted daily life, altered work habits, declining retail sales, looming bankruptcies and battered industries, Powell suspects that the $3 trillion in rescue money approved by Congress will fail to reverse “lasting damage” and spare a generation from employment challenges […]The post Federal Reserve Chairman Doubles Down on Battle to Boost Economy, Says US Will Dodge ‘Second Great Depression’ appeared first on The Daily Hodl.

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